Actually lots of companies had NO retirement plan, it was only the government employees and the big unions that pensions. Now nearly all the big union companies are broke and the government employees are marching in the streets over the fact taxpayers are not willing to pay for their 40+ years of planned retirement.
As my long dead father said the 401K is the government's way of telling you not to plan on Social Security being there, looks like he was right.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
... [Read Article]
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